David Koos, the Company's Chairman & CEO, stated, "As stem cell therapies are developed for treating maladies that have yet to be successfully addressed by traditional methods, patients and doctors will become more reliant on stem cells readily available for use. Our company believes this future need for stem cells will result in a widespread increase in stem cell banking and that demand for banking of bone marrow, endometrial and adipose (fat) derived stem cells will exceed the demand for cord blood banking. The Company's goal is to be able to play a key role in fulfilling that demand."

A spokesperson for the company noted that Bio-Matrix Scientific Group is currently identifying potential partners to participate with the company in developing adult stem cell repositories in various geographical locations.

This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.